Hudson Yards

CityRealty recently reported on the progress of the under-construction rental building at 515 West 36th Street, bringing us snapshots of the 39-story Midtown West tower, which topped out over the summer; next to arrive was its sleek glass facade. The mixed-use building will contain 250 rental units upon completion. A lottery launched today for 63 of those units set aside as low- and middle-income studios, one- and two-bedroom apartments. Qualifying New Yorkers earning 40, 60 and 130 percent of the area median income can apply for units ranging from $613/month studios to $2,733/month two-bedrooms.
Find out if you qualify

Affordable Housing

Sky lounge floating high above the Lincoln Tunnel entrance at AC Hudson Yards Hotel (Credit: Danny Forster Design Studio).

November 29, 2017

New renderings by ‘Build It Bigger’ host Danny Forster show 220-room AC Hudson Yards hotel

Last year, 6sqft reported that demolition permits were filed by developer Arisa Realty to make way for a hotel that will rise amidst the rapidly-growing Hudson Yards development in far west Midtown, with Epstein Global listed as the architect of record. Now, CityRealty reports that preliminary renderings have appeared on the website of Danny Forster, host of the Discovery Channel show "Build It Bigger," who is working with the architects on the project's design. Plans have beens submitted for a 220-key, 120,000-square-foot hotel at 432 West 31st Street, and the the unconfirmed renderings refer to the AC Hotel Hudson Yards (Marriott AC is a subsidiary of Marriott Hotels for which the Hudson Yards hotel would represent one of the first forays into the U.S. market).
Renderings this way

New details revealed about Hudson Yards observation deck and public spaces

Rendering of the observation deck at 30 Hudson Yards, via Related Companies

November 28, 2017

New details revealed about Hudson Yards observation deck and public spaces

Another deal has been inked for the massive Hudson Yards project, a 26-acre complex developed by Related Companies and Oxford Properties Group, and it will definitely reach new heights. On Tuesday, Related announced that London restaurant and catering company Rhubarb will run a 10,000-square-foot public space in the nearly 1,300-foot supertall 30 Hudson Yards. Rhubarb will operate a bar, restaurant, and event space on the 92nd floor, one floor above the tower's observation deck, which at 1,100 feet will be the highest outdoor deck in the city. According to Eater and the Post, the company will also open a 5,800-square-foot restaurant on the fifth floor and an indoor-outdoor bar at the observatory.
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3 Hudson Boulevard loses 100+ feet in new renderings

A new rendering of 3 Hudson Boulevard, via FXFOWLE/Moinian Group

November 1, 2017

3 Hudson Boulevard loses 100+ feet in new renderings

A revised proposal for the Moinian Group’s Hudson Yards tower 3 Hudson Boulevard calls for a slight height chop, which will strip it of its supertall status. A redesign from FXFOWLE now brings the total square footage to 2 million square feet from a previous 1.8 million and lowers its height to 940 feet tall from 1,050 feet. Instead of 63 floors, the tower will rise 53 floors in this new design. To match standards for today’s modern office, the building will now feature larger floor plates, higher ceilings and a terrace on the eighth floor. As the New York Post reported, a groundbreaking ceremony will be held this Friday with elected officials, celebrating the reboot.
More this way

October 19, 2017

City officially pitches four neighborhoods for Amazon’s HQ2

Mayor Bill de Blasio and the New York City Economic Development Corporation released their official pitch for Amazon's second headquarters on Wednesday, one day before the deadline. Boasting the city's talented tech workforce, the de Blasio administration has pitched Midtown West, Long Island City, the Brooklyn Tech Triangle (DUMBO, Downtown Brooklyn and the Navy Yard), and Lower Manhattan as the four best spots for Amazon to call home. The tech giant's nationwide competition, announced in September, set out to find their next headquarters, called HQ2. The company promises the headquarters will bring 50,000 new jobs and $5 billion in initial city investment.
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Policy

First 15 Hudson Yards penthouse hits the market for $32M

Interior at Penthouse 88B at 15 Hudson Yards. Rendering courtesy of Related-Oxford.

September 20, 2017

First 15 Hudson Yards penthouse hits the market for $32M

The sleek 910-foot-tall tower at 15 Hudson Yards has held the attention of real estate and skyline watchers since construction began last spring. Just listed for $32 million is penthouse 88B, the first of the building’s four penthouses to arrive on the market. The suitably stunning 5,161-square-foot duplex home sits on the building's 88th floor near its crown. And even in a city filled with penthouses, several things make this one unique.
This way for more renderings and a floor plan

September 13, 2017

New renderings of 3 Hudson Boulevard revive the skyscraper’s proposed 300-foot spire

In what seems like a game of hide-and-seek, the 300-foot spire on top of the Moinian Group’s supertall at 3 Hudson Boulevard has returned to renderings, after being absent from them two weeks ago. The spire, which would make the skyscraper the tallest building in Hudson Yards at 1,350 feet tall, first made its appearance in early August, only to disappear a few weeks later. Now, as YIMBY reported, the FXFOWLE-designed building shows the spire’s return, as construction begins at the site.
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3 Hudson Boulevard gets new spire-less rendering as construction commences

Rendering via FXFOWLE/Moinian Group (L); Current construction shot via CityRealty (R)

August 29, 2017

3 Hudson Boulevard gets new spire-less rendering as construction commences

Earlier this month, a new view of 3 Hudson Boulevard added a 300-foot spire, bringing its total height to 1,350 and setting it up to become the tallest tower in Hudson Yards and the fifth tallest in the entire city. However, CityRealty has uncovered another new rendering of the FXFOWLE-designed supertall, which was posted at the work site now that construction has commenced, and noticeably absent is the spire. While the superlative height isn't confirmed, the new rendering does maintain the updated design of a five-story retail podium, tapered body, terraces and "sky gardens," and a rooftop terrace surrounded by glass windscreens.
More details ahead

August 22, 2017

90 apartments up for grabs at Extell’s 555Ten in Hudson Yards from $613/month

Applications are currently being accepted for the second phase of affordable apartments at 555 Tenth Avenue and 41st Street in booming Hudson Yards on Manhttan's West Side. Extell Development’s luxurious 610-foot-tall, the mixed-use tower includes 56 stories and spans 725,000 square feet. The amenities seem endless, with residential access to the building’s 24-hour fitness center with a yoga studio, indoor pool, outdoor rooftop pool, outdoor landscaped space, a bowling alley and a putting green. New Yorkers earning 40 and 120 percent of the area median income can apply for units ranging from $613 per month studios to $2,875 three-bedrooms.
Find out if you qualify

Affordable Housing

August 18, 2017

Watch The Shed, an 8-million-pound structure, glide effortlessly alongside the High Line

The Shed courtesy of Diller Scofidio +Renfro, via The New York Times Construction of The Shed, a six-level flexible structure that can adapt to different art forms and technologies, continues to progress where the High Line meets Hudson Yards. While the building, an independent non-profit cultural organization, has an expected opening date of 2019, the massive eight-million-pound structure can now slide along the High Line for five minutes on a half-dozen exposed steel wheels that measure six-feet in diameter (h/t NY Times). The Shed, designed by Diller Scofidio + Renfro, in collaboration with Rockwell Group, features a movable shell on rails that sits over the fixed base of the building, allowing for it to change size depending on the type of event.
See the Shed slide

Updated view of 3 Hudson Boulevard adds 300-foot spire, making it tallest in Hudson Yards

Rendering of 3 Hudson Boulevard courtesy of FX FOWLE

August 8, 2017

Updated view of 3 Hudson Boulevard adds 300-foot spire, making it tallest in Hudson Yards

The supertall skyscraper at 3 Hudson Boulevard just got a major upgrade. New renderings of the tower reveal a new crown, a 300-foot spire, which would make it the tallest in the Hudson Yards neighborhood, as well as an updated design. As YIMBY discovered, 3 Hudson Boulevard, formerly known as The Girasole, may rise to 1,350 feet tall, rivaling many supertalls like 30 Hudson Yards and 432 Park Avenue, the city’s fifth tallest building.
Details ahead

Leasing launches at One Hudson Yards, luxury rentals starting at $5,095/month

A rendering of One Hudson Yards, designed by renowned architecture firm Davis Brody Bond. (Image via onehudsonyards.com/Related)

August 7, 2017

Leasing launches at One Hudson Yards, luxury rentals starting at $5,095/month

The new luxury rental residences at One Hudson Yards at 530 West 30th Street, part of Manhattan's largest new mixed-use development, have begun leasing for the 30-story building's 178 apartments which range from one to three bedrooms (and one four-bedroom penthouse) according to a press release from Related Companies. The building's architecture is by Davis Brody Bond; interiors are by Andre Kikoski, who also designed the building's peerless collection of luxury amenities. Of particular note are extra-tall windows set into a modern curtain wall façade that offer breathtaking views of out over the Hudson River, the surrounding West Chelsea neighborhood and all of Downtown Manhattan–as well as Heatherwick Studios’ "Vessel" sculpture.
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Follow-up report says next year’s 11 percent NYC vacancy rate is bogus

Image: Pexels

August 7, 2017

Follow-up report says next year’s 11 percent NYC vacancy rate is bogus

6sqft recently reported on a forecast by online real estate marketplace Ten-X predicting a precipitous threefold spike in New York City’s apartment vacancy rate that could even exceed 11 percent by the end of next year as thousands of new apartments hit the market, adding up to a "grim reckoning” for landlords. Now, a Crains reporter tells us that skeptics like marketing-consultant-to-developers Nancy Packes, who said the prognostication of a rental market meltdown “didn’t make any sense,” could be right after all.
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Real Estate Trends

Report predicts NYC’s vacancy rate will triple alongside falling rents

Image: Pexels

August 2, 2017

Report predicts NYC’s vacancy rate will triple alongside falling rents

A new forecast by online real estate marketplace Ten-X predicts that New York City's apartment vacancy rate will exceed 11 percent by the end of next year as thousands of apartments hit the market, the Wall Street Journal reports. The study also points to a slowing job growth rate, which drives the rental market, as a factor in what could be a "grim reckoning" for landlords.
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Real Estate Trends

Nearly complete tunnels under Hudson Yards need more funding to finish

Photo of Hudson Yards Amtrak tunnel encasement via Tutor Perini

July 21, 2017

Nearly complete tunnels under Hudson Yards need more funding to finish

Currently, the first part of two box tunnels under the Hudson Yards development, below 10th and 11th Avenues on Manhattan’s west side, sits mostly finished. While construction of the final piece has yet to begin, when it’s complete the remaining section would link the tubes to the proposed new tunnel under the Hudson River, providing better access to Penn Station. However, according to the New York Times, both tunnel projects, which fall under the multi-billion dollar Gateway Program, lack the funding needed to finish.
More details here

May 25, 2017

Hudson Yards’ art center The Shed wraps up steel construction on its movable shell

After an announcement yesterday morning that Michael R. Bloomberg made a $75 million gift towards Hudson Yards' arts center The Shed--bringing the total raised towards the $500 million capital campaign to $421 million--the "new center for artistic innovation" held a tour to mark the completion of steel construction. The eight-story structure, designed by Diller Scofidio & Renfro in partnership with the Rockwell Group, is a "fixed" base building made up of two gallery levels, a versatile theater, rehearsal space, creative studios for artists, and a sky-lit event space. But what makes the project truly unique is its telescoping outer shell that deploys over the building's courtyard, doubling its footprint and creating a myriad of options for flexible, multi-disciplinary work. Ahead, 6sqft shares an up-close view of this amazing structure.
See all the views and get more info

May 24, 2017

First look at CetraRuddy’s proposed hotel-apartment tower for Hudson Yards

Back in September, the developer Joseph Chetrit filed plans to build a 48-floor mixed-use tower with 421 hotel rooms and 135 residential units in the Hudson Yards neighborhood. Now, the wait is over as renderings of Chetrit Group’s proposed tower at 541-545 West 37th Street have officially been revealed. As CityRealty learned, CetraRuddy Architecture is designing the high-tech skyscraper, which is expected to rise 622 feet and overlook the future Hudson Boulevard Park. The building will span 621,000 square feet and include exhibition, retail, hotel and residential spaces.
More details and renderings

The Shed via Wikipedia

May 24, 2017

Michael Bloomberg gives $75 million to Hudson Yards arts center The Shed

Michael R. Bloomberg has added a $75 million contribution to what the New York Times calls "New York's first new cultural institution in recent memory," the arts center known as The Shed, part of the new Hudson Yards development on Manhattan's far west side. The former mayor's gift brings the total raised for the project to $421 million of its $500 million capital campaign. The new arts center has gotten much of its funding from a small group of billionaires that includes Related Companies' Stephen M. Ross and media mogul Barry Diller. Set for completion in 2019, the eight-level structure, designed by Diller Scofidio & Renfro in partnership with the Rockwell Group, will host performances, concerts, visual art, music and other events.
A 'tool kit for artists'

May 9, 2017

New renderings of Hudson Yards’ retail and restaurant spaces

Yesterday, it was announced that celebrity chef José Andrés, credited with bringing the small-plate concept to the U.S., will be opening a massive Spanish food hall at Hudson Yards, closing a deal for the 35,000-square-foot space at 10 Hudson Yards that Shake Shack guru Danny Meyer had previously been in talks for. On the heels of the news, developers Related Companies and Oxford Properties Group released new renderings of the retail and restaurant spaces coming to the mega-development (h/t Curbed), most of which will be located in the "Shops and Restaurants at Hudson Yards," a seven-story building that will hold the majority of the 25 restaurants and anchor tenant Neiman Marcus.
More renderings and details ahead

Related’s Stephen Ross kicks off construction on Hudson Yards’ 150-foot climbable ‘Vessel’

First Piece of Vessel Installed 04.18.2017 – courtesy of Related-Oxford

April 18, 2017

Related’s Stephen Ross kicks off construction on Hudson Yards’ 150-foot climbable ‘Vessel’

The standard for public art spaces has officially reached new heights. Today, the installation has begun on Vessel, an innovative landmark designed by Heatherwick Studio at Hudson Yards. As 6sqft previously wrote, the project’s idea stems from Related Companies' chairman Stephen Ross, who chose Heatherwick to design the $200 million (up as of today from the original $150 million estimate) large-scale piece of art. After being fabricated and constructed in Monfalcone, Italy, the first ten pieces of the 150-foot-tall steel structure arrived in January at the Port of Newark via ship and then traveled across the Hudson River. And as of this morning, Ross was on site to mark the first of these massive components (they each weigh close to 100,000 pounds) being put into place by crane.
See photos from Vessel's installation and watch a video of Stephen Ross' remarks

March 16, 2017

Huge Whole Foods coming to Brookfield’s Manhattan West